Central Coast granny flat maximises ROI for property investor

 In Granny Flat Investment, Granny Flats Central Coast

We often talk about the different uses for a Central Coast granny flat and many property investors have caught on to the benefits of maximising their yield by building a granny flat.

This recently completed granny flat was well thought-out by the owners, with the addition of a large covered carport off the granny flat, so that both tenants have access to off-street parking. In addition, there is a colorbond fence to separate the dwellings and provide privacy.

2-Bedroom Granny Flat Design

This Gorokan granny flat is a 2-bedroom Elanora design, which means it has a long open plan kitchen, dining and living space, a combined bathroom and laundry and two sliding door entry points.

The exterior has been finished in a modern white and grey colour scheme, which has been continued inside with white kitchen cabinetry, light grey walls with white trim and a durable but stylish vinyl plank flooring in the living areas.

Positively Geared Granny Flat Investment

This Central Coast granny flat has an expected result in the owner achieving a rent of $330 which is a 13% return on investment.

 

Contact us today to find out more about our granny flat options. 

 

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Example Of How A Granny Flat Can Put Money In Your Pocket

Below is a simple example of how you could have a positively geared investment earning you $10,000 per year.

byg_investor_return-on-investment-infographic_v2

RETURN ON INVESTMENT CALCULATOR

Cost to Build a Granny Flat ($)
Rental Income Per Week - Granny Flat ($)
Current Mortgage Interest Rate (as a %)
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Rental Income Per Year - Granny Flat 0
ROI - on Granny Flat 0
Annual Repayments on Granny Flat Investment
Net Annual Return on Investment 0
Net Monthly Return on Investment 0

Disclaimer

This calculator is designed to be used as an indication only, and when used alone, does not constitute investment or financial advice. Backyard Granny's strongly recommended you seek the advice of a financial services professional before making any type of investment. The calculator results show the value your property could increase by when adding a granny flat.

 

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